Nice People Networking

Fitch rates Dominican Republic’s 2024 global bonds ‘B’

NEW YORK–(BUSINESS WIRE).- Fitch Ratings has assigned a ‘B’ rating to the Dominican Republic’s USD1 billion global bond issuance maturing in April 2024. The bonds have a coupon rate of 5.875%.

The receipts from this issuance will be used to cover budgetary requirements in 2013.


The rating is in line with The Dominican Republic’s Long-term Foreign Currency Issuer Default Rating (IDR) of ‘B’, which has a Stable Outlook.


The rating would be sensitive to any changes in the Dominican Republic’s Long-term foreign currency IDR. Fitch affirmed Dominican Republic’s ratings at ‘B’ and revised the Outlooks to Stable from Positive on Dec. 11 2012.

Additional information is available at

Source: DT

Category: DR News |

Leave a comment

You must be logged in to post a comment.

Last updated March 25, 2017 at 5:40 PM
stats for wordpress
View Statistics Report
Facebook Twitter